Retail ETFs are also benefiting. The SPDR S&P Retail ETF (NYSEArca: XRT) is up more than 12% in the past month, a resurgence led by an array of retailers, including controversial names such as Best Buy (NYSE: BBY), J.C. Penney (NYSE: JCP) and Sears (NasdaqGS: SHLD). [Time to Shop for Retail ETFs]
Three Dow components – Walt Disney (NYSE: DIS), Home Depot (NYSE: HD) and McDonald’s (NYSE: MCD) – combine for 16.5% of XLY’s weight. Amazon (NasdaqGS: AMZN) is the ETF’s largest holding at a weight of 6.56%.
Consumer Discretionary Select Sector
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of Amazon.